HomeMy WebLinkAboutORD 2000-092 ORDINANCE NO. 2000-92
AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF
GRAPEVINE, TEXAS ADOPTING THE BUDGET FOR THE
CITY OF GRAPEVINE, TEXAS FOR THE FISCAL YEAR
BEGINNING OCTOBER 1, 2000 AND ENDING SEPTEMBER
30, 2001; PROVIDING FOR INTRA- AND INTER-
DEPARTMENTAL FUND TRANSFERS; PROVIDING FOR
INVESTMENT OF CERTAIN FUNDS; DECLARING AN
EMERGENCY; AND PROVIDING AN EFFECTIVE DATE
WHEREAS, notice of a public hearing on the budget for the City of Grapevine,
Texas for the fiscal year 2000-2001 (FY 2001) was heretofore published in accordance
with law; and
WHEREAS, a public hearing was duly held and all interested persons were given
an opportunity to be heard for or against any item therein.
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF
GRAPEVINE, TEXAS;
Section 1. That the appropriation amounts for the FY 2000-2001 budget for the
different funds of the City of Grapevine are hereby fixed as follows:
General Fund $34,715,224
Utility Fund 14,838,299
Debt Service Fund 7,903,892
Convention & Visitors Bureau Fund 4,615,171
Lake Enterprise Fund 2,631,485
Insurance Fund 2,942,630
Fleet Services Fund 981,067
Lease Fund 4,266,326
General Government Capital Projects Fund 24,089,381
Permanent Street Maintenance Fund 996,600
Permanent Capital Maintenance Fund - General 411,075
Utility & Lake Enterprise Capital Projects Fund 9,072,230
Utility Permanent Capital Maintenance Fund 500,000
Stormwater Drainage Utility Fund 1,661,040
Technology Fund 1,139,715
Section 2. That the City Council hereby adopts the revised budget for the fiscal
year ending September 30, 2000, as stated in the proposed Annual Operating Budget for
the fiscal year ended September 30, 2001 and appropriates the funds contained therein.
Section 3. That a copy of the official adopted 2000-2001 budget document shall
be kept on file in the office of the City Secretary and the Grapevine Public Library.
Section 4. That the City Manager be and is hereby authorized to make intra- and
inter-departmental fund transfers during the fiscal year as becomes necessary in order to
avoid over-expenditure of a particular object code.
Section 5. That the City Manager is authorized to approve expenditures up to
$15,000. Any expenditure over the $15,000 limit requires the approval of the City Council.
Each expenditure authorized by the City Manager in Account 100-44701-120-1 in FY 2000
and FY 2001 is approved. The balance of account 100-44701-120-1 is authorized to be
transferred to account 114-44685-101-1 and appropriated for expenditures therefrom.
Section 6. That the City Manager is authorized to reclassify positions within city
service as warranted.
Section 7. That the City Manager, and/or Assistant City Manager and/or Director
of Administrative Services and/or Finance Manager is authorized to invest any funds not
needed for current use, whether operating funds or bond funds in the United States
Treasury Bills, Certificates of Deposit, Savings Accounts, Time Deposits, Open Accounts
in Official City Depositories, or any other investment instrument authorized by the City's
Investment Policy and Investment Strategy and allowed by the Texas Public Funds
Investment Act of 1987.
Section 8. The fact that the fiscal year begins on October 1, 2000 requires that
this ordinance be effective upon its passage and adopted to preserve the public peace,
property, health, and safety and shall be in full force and effect from and after its passage
and adoption, and emergency is hereby declared.
PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF
GRAPEVINE, TEXAS on this the 12th day of September, 2000.
APPROVED:
William D. Tate
Mayor
ORD. NO. 2000-92 2
ATTEST:
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Lin. - Huff
City Secretary
APPROVED AS TO FORM:
Matthew C.G. Boyle
City Attorney
ORD. NO. 2000-92 3